Get the complete project »
- The Complete Research Material is averagely 65 pages long and it is in MS Word Format, it has 1-5 Chapters.
- Major Attributes are Questionnaire, Data Analysis,Abstract.
- Study Level: BTech, BSc, BEng, BA, HND, ND or NCE.
- Full Access Fee: ₦4,000
1.1 BACKGROUND TO THE STUDY
Terrorism and insurgency is globally becoming a household word as there is no nation that is completely absolved from its effect. This is the reason why Rourke (2008) observes that war, terrorism and other forms of transnational political violence are in many ways more threatening today than ever before as civilian casualty has been on increase. It is however difficult to evolve a single definition for the term “terrorism”. The difficulty emanates from the lack of consensus or unified perspective among nations or scholars as to what could be regarded as terrorist act. Hence, terrorism has been described variously as both a tactic and strategy; a crime and a holy duty; a justified reaction to oppression and inexcusable abomination since it is a function of whose point of view is being represented.
Indeed, the worldwide manifestation of terrorism and insurgency has been evident in Africa, but also in Nigeria. With particular reference to Nigeria, the phenomenon has found expression in the emergence of Boko Haram insurgency (2001-date). Since its advent, the sectarian insurgency has wrecked immense havoc in the country, especially by “using explosives and firearms with gruesome, fatal” consequences (Awake, 2006).
The alarming level of terrorists attacks in different parts of the country, leaving unpalatable consequences for the nation’s economy and its growth. To address the threat to national security and combat the increasing waves of crime the federal government of Nigeria in the 2013 budget made a huge allocation to security, and the national assembly passed the Anti-Terrorism Act in 2011(Ewetan, 2013). Despite these efforts, the level of terrorism and insecurity in the country is still high, and a confirmation of this is the low ranking of Nigeria in the Global Peace Index (GPI, 2012). Despite the plethora of security measures taken to address the daunting challenges of terrorism and insecurity in Nigeria, government efforts have not produced the desired positive result. This has compelled the Nigerian government in recent time to request for foreign assistance from countries such as USA, Israel, and EU countries to combat the rising waves of terrorism and insecurity. Amidst the deteriorating security situation in the country, Nigeria is also confronted with daunting developmental challenges which pose serious threat to socio-economic development. These developmental challenges include endemic rural and urban poverty, high rate of unemployment, debilitating youth unemployment, low industrial output, unstable and deteriorating exchange rate, high inflation rate, inadequate physical and social infrastructure, very large domestic debt, and rising stock of external debt (Ewetan, 2013)
Some scholars in conceptualizing security placed emphasis on the absence of threats to peace, stability, national cohesion, political and socio-economic objectives of a country (Igbuzor, 2011; Oche, 2001; Nwanegbo and Odigbo, 2013). Thus there is a general consensus in the contemporary literature that security is vital for national cohesion, peace and sustainable development. It is therefore apparent that national security is a desideratum, sine qua non for economic growth and development of any country (Oladeji and Folorunso, 2007). The areas affected by the Boko Haram insurgency have been devoid of virtually all economic activities. In the intelligence community there is a consensus that security is not the absence of threats or security issues, but the existence of a robust mechanism to respond proactively to the challenges posed by these threats with expediency, expertise, and in real time.
Political, economic and social insecurity of a country encompasses all development goals and issues being the root of the issue and the solution. Addressing issues of terrorism is crucial in order to execute successful development projects. As a goal, it believed that every country should aspire to reach a point of security by protecting its citizens from structural violence, crime, and social insecurity. Indeed, without the safety of citizens, all plans for development, whether economic, political or social, will fail. Terrorism is a phenomenon that is bedevilling Borno State and it affects policies and development. Any nation striving towards development must reduce the frequency of crime to the barest minimum.
1.2 STATEMENT OF THE PROBLEM
The emergence of Boko Haram insurgency has introduced a terrorist dimension, hitherto unknown, into the criminal space in Nigeria. Series of bombings have been carried out by the sect, as well as taking hostage of innocent citizens. Even the United Nations Building in Abuja was not spared in the bombing spree. In rich as well as poor countries, terrorism exerts a heavy toll on national economies. It is inevitable that the economic impact of terrorism would be more felt in unsophisticated mono-cultural low-income economies than they would be felt in highly advanced, diversified industrial economies. Therefore, the continued rise in terrorism activities in the country, if not checked, may result in greater investor apathy for the country and resulting in low inflow of Foreign Direct Investment (FDI), and would make institutional investors look for other stable economies to invest their money. On the state of the country, when people feel insecure, their appetite to invest, to buy or rent from the product of investment reduces; and that is why all over the world, any country that radiates an environment of insecurity naturally repels investment initiatives from both the international community and its own local investors. Hence, terrorism is a threat to the economic, political and social security of a nation and a major factor associated with underdevelopment; because it discourages both local and foreign investments, reduces the quality of life, destroys human and social capital, damages relationship between citizens and the states, thus undermining democracy, rule of law and the ability of the country to promote development (Adebayo, 2013). However, the researcher is analyzing terrorism and its effect to the socioeconomic development of Nigeria.
1.3 OBJECTIVES OF THE STUDY
The following are the objectives of this study:
- To examine the effect of terrorism on the socioeconomic development of Nigeria.
- To examine the level of terrorism activities in Maiduguiri and Borno State.
- To identify the factors limiting the socioeconomic development of Nigeria.
1.4 RESEARCH QUESTIONS
- What is the effect of terrorism on the socioeconomic development of Nigeria?
- What is the level of terrorism activities in Maiduguiri and Borno State?
- What are the factors limiting the socioeconomic development of Nigeria?
HO: There is no significant relationship between terrorism and socioeconomic development
HA: There is significant relationship between terrorism and socioeconomic development
1.6 SIGNIFICANCE OF THE STUDY
The following are the significance of this study:
- The findings from this study will educate the government and the general public on the extent of damage done by the activities of the Boko Haram sect in Maiduiguri and Borno state and its effect of the socioeconomic development with a view of resolving the crisis.
- This research will also serve as a resource base to other scholars and researchers interested in carrying out further research in this field subsequently, if applied will go to an extent to provide new explanation to the topic
1.7 SCOPE/LIMITATIONS OF THE STUDY
This study on terrorism and its effect on the socioeconomic development of Nigeria will cover the activities of the Boko Haram sect in Maiduiguri and Borno state and its effect of the socioeconomic development.
LIMITATION OF STUDY
Financial constraint- Insufficient fund tends to impede the efficiency of the researcher in sourcing for the relevant materials, literature or information and in the process of data collection (internet, questionnaire and interview).
Time constraint- The researcher will simultaneously engage in this study with other academic work. This consequently will cut down on the time devoted for the research work.
You either get what you want or your money back. T&C Apply
Share a Comment
You can find more project topics easily, just search
SIMILAR ECONOMICS FINAL YEAR PROJECT RESEARCH TOPICS
» ABSTRACTThe research study is directed towards a monetary policy and banking performance in Nigeria. The research investigates the effectiveness of mo...Continue Reading »
50 pages | 411 hits | Source: ECONOMICS
» CHAPTER ONE 1.1 BACKGROUND TO THE STUDY As confirmed by Ugochukwu (1999:02), agriculture is the first and most thriven occupation of mankind. From its...Continue Reading »
70 pages | 666 hits | Source: ECONOMICS
» CHAPTER ONE INTRODUCTION 1.1 BACKGROUND OF THE STUDY In general, FDI can be described as a flow of capital, technology and know how from one (home) co...Continue Reading »
69 pages | 79 hits | Source: ECONOMICS
» ABSTRACT Small and Medium Enterprises play a very important role in development of the Nigerian Economy. Making up about 97% of the entire economy, th...Continue Reading »
52 pages | 419 hits | Source: ECONOMICS
5. IMPACT OF MOTIVATION ON EMPLOYEES’ PERFORMANCE IN AN ORGANISATION: A STUDY OF SEVEN UP BOTTLING COMPANY PLC, KADUNA» TABLE OF CONTENTS Content page Title Page i Declaration ii Certification iii Approval Page iv Dedication v Acknowledgement vi Table of Contents viii A...Continue Reading »
52 pages | 499 hits | Source: ECONOMICS
» CHAPTER ONE INTRODUCTION 1.1. Background of the study An important landmark in tax reform in Nigeria was the adoption of the value added tax (VAT) in ...Continue Reading »
60 pages | 581 hits | Source: ECONOMICS
» CHAPTER ONE INTRODUCTION 1.1. BACKGROUND OF THE STUDY ‘Boko Haram’ is an extremist Nigerian Islamist militant sect that was formed in Maid...Continue Reading »
105 pages | 517 hits | Source: ECONOMICS
8. THE IMPACT OF PRIVATIZATION ON THE EFFICIENCY OF FIRMS IN NIGERIA A CASE STUDY OF THE AFRICAN PETROLEUM PLC AND ASHAKA CEMENT COMPANY OF NIGERIA.» ABSTRACT The transfer of major public enterprises in Nigeria to private sector in the year 2000 marked the beginning of the Nigeria experiment on full...Continue Reading »
142 pages | 60 hits | Source: ECONOMICS
» ABSTRACT Due to the persistence of demand pressure in the foreign exchange market in Nigeria in the face of fluctuating crude oil prices, which is the...Continue Reading »
145 pages | 65 hits | Source: ECONOMICS
» ABSTRACT This study examines the determinants of savings in Nigeria between 1980 2007, which will enable us to proffer solution for the improvement of...Continue Reading »
114 pages | 395 hits | Source: ECONOMICS